The cost basis for stocks and mutual funds is generally the price you paid when you purchased the asset, plus any other trading costs. However, there are several methods to calculate cost basis ...
Yet the tax law actually gives heirs a huge tax break -- the ability to reset their cost basis -- when they inherit shares of stock or other investments that have increased in value. This tax law ...
I know I'm a nag. I nag because it's so important to plan now for your family for when you die. It's not that we plan to fail, we fail to plan. So what happens to your children when they inherit the ...